Accounts Receivable was $1,500 at the end of November and $1,050 at the end of December. Revenue totaled $8,400 for December. How much cash was received from revenues during December?
A) $10,950
B) $8,850
C) $7,950
D) $5,950
B
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According to the feature, PERSONAL REFLECTIONS: THE MISERY ZONE, the misery zone is
a. where out-group members are put by in-group members b. a purely mental zone occupied by those with low self-efficacy and self-esteem c. the same as the winners’ zone—winning comes at a cost d. the first month of trying to get back in shape, marked by huffing and puffing and plenty of self-recriminations
Termination by addition occurs when:
A) Scope creep adds too many activities to the project that prevent it from being completed on time or within budget. B) The project is so successful that it becomes institutionalized. C) A new project is added to the organization and it commands all of the resources for the original project. D) New members join the project team once the project has begun and their skills are insufficient to successfully complete the project.
The Sorka Corp. has paid annual dividends of $0.60, $0.63, $0.65, $0.68 and $0.72, respectively, over the past five years. What is the dividend growth rate?
A) 4.7% B) 5.2% C) 5.4% D) 5.9%
Which of the following is a true statement regarding primary authority of tax law?
A) Articles in The Journal of Taxation are viewed as primary authority. B) Primary authority includes the Code, as well as administrative and judicial interpretations. C) The Bloomberg BNA Daily Tax Reporter is a source of primary tax authority. D) Tax services are sources of primary tax authority.